Humpty Dumpty Sat on the Wall: Cryptocurrency, Money Laundering, and Smart Contracts All Might Take a Great Fall

This lesson provides a primer on money laundering with cryptocurrency, how regulators, lawyers and law enforcement play a role in this arena, and how smart contracts are becoming a tool for bad actors. The use of cryptocurrency and smart contracts is steadily growing. As such, lawyers must ensure that they are aware of the pros and cons of their use in order to adequately advise their clients. This is a vital area and lawyers who decide to advise clients on cryptocurrency-related issues should ensure their base of knowledge is up to date. This knowledge will allow you to provide prompt referrals to technical experts, criminal defense attorneys, tax attorneys, business transactional attorneys, and consultants with specialized knowledge in this field.